Coeur Mining Stock Near $18 After New Gold Deal, $750 Million Buyback and First Dividend
Coeur Mining was trading close to $18 early Tuesday, sticking near Monday’s finish after wrapping up its New Gold deal. The company raised its 2026 production targets, announced a $750 million buyback, and rolled out its first-ever cash dividend policy. Shares ended Monday at $17.89, up 1.2% from Friday’s $17.67, and hovered around $17.9 in early indications Tuesday. It's a pivotal update for investors: the first real look at what New Gold brings to the table—greater gold output, a fresh copper stream, and a bigger foundation for shareholder payouts. According to Coeur, both New Afton and Rainy River bump 2026 projections up to 680,000-815,000 ounces of gold, 18.7 million-21.9 million ounces of silver, and 50 million-65 million pounds of copper. Those numbers include nine months’ contribution from this year.